Skip to main content

About your Search

20110701
20110731
STATION
CNNW 23
FOXNEWS 23
KGO (ABC) 20
WJLA (ABC) 18
CNN 17
WMAR (ABC) 16
KNTV (NBC) 11
MSNBC 10
WBAL (NBC) 5
WRC (NBC) 5
CSPAN 3
KTVU (FOX) 3
MSNBCW 3
WJZ (CBS) 3
WUSA (CBS) 2
( more )
LANGUAGE
English 173
Search Results 0 to 49 of about 173 (some duplicates have been removed)
more on that later. but we begin with the big fight in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question this morning will we to see any progress this weekend? we go live to the white house for more. are they working this weekend and might we expect more progress here? >> reporter: we'll to see. there's a lot of closed door negotiations. that's the phase we're in now. we're a day closer to what many experts have called a financial catastrophe, six closed door meetings that they had in the west wing. the focus turns to congress. whether or not they can reach a deal on a dramatically scaled back version, not that grand bargain, something smaller but do it in time for august 2nd when the country is due to run out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards w
any deal be cut before the country defaults on its debt? there's a big white house meeting today. >>> on the run, a stunning statement from the country's new secretary of defense. al qaeda's defeat is within reach. is america really close to a victory over the terror network? >>> stolen life. kidnapped and held captive for 18 of her 31 years. jaycee dugard speaks exclusively to abc's diane sawyer about what it was like e be a prisoner, now, finally to be free. >> wow. i can walk into the next room and see my mom. wow, i can decide to jump in the car and go to the beach with the girls. wow. unbelievable. >>> and, royal red carpet. it was the biggest night yet for the royal newlyweds of north america. hollywood's biggest stars were out. but no surprise, it was kate who stole the show. we are live in los angeles for will and kate's big hollywood moment. >> announcer: from abc news, this is a special edition of "good morning america," now, live from the belasco theater in los angeles, california, and new york city, weekend anchors bianna golodryga and dan harris. >> good morning, am
. >>> and a big shake-up in the leadership of the d.c. council. council chairman kwame brown has reassigned committee chair appointments removing tommy wells as chairman of the transportation committee. the backlash has been strong with lots of phone calls and hundreds of e-mails coming in to support council member wells. we're told chairman kwame brown called wells to his office for an unusual meeting at 9:00 p.m. on monday. that's when wells got the news. he was out as head of public works and transportation and off the metro board. >> i was surprised and you know, that's part of where we are right now. >> political payback in your opinion or are you not willing to go that far? >> that's not what i'm focused on. >> council member wells will now take over the committee on parks and recreation. >>> turning to the economy, no deal yet but negotiators will meet again this afternoon despite the war of words heating up. the top senate republican is suggesting a way out. senate leader mitch mcconnell made the offer after speaker boehner and the president sou
. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
party troops. big vote on his plan today but, robin, that doesn't mean this crisis is any closer than being solved. hat doesn't mean this >> far from it. >>> plus, a remarkable story of survival after a trip to a family reunion went terribly wrong, how one man hung on for help, used his socks to save his life. >> treaded water for 17 hours, unbelievable. also, alex trebek, what a strange story. now he is a crime fighter. a burglar broke into his hotel room. he decided to take her on. he hurt himself in the process. getting to the bottom of that story coming up. >>> right to the tropical storm taking aim at the gulf coast. sam is back with us in the studio and has been tracking the latest on don. good morning, sam. >> good morning, robin, good morning, george. let's get to don and put it right in the circle of suspicion because last night, see, wait, wait, wait, go, go, go, okay, we're not going to get the circle. max, put the circle on it. it was a rainstorm that moved from cuba to cancun. there is where it is. it is a small storm capable of large fluctuations in strength. here's wher
crisis at a time when she is surging in the polls ahead one of the big favorites sarah palin. jonathan karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary vo
. the incredible story of a family who risked it all to chase their 24 karat dreams and came up big. how one stubborn couple started a modern gold rush. >>> and margarita master. it's the ultimate summertime indulgence. the perfect treat to beat the heat. but it didn't happen by accident. meet the man who invented this frozen miracle. >> announcer: from the global resources of abc news, with er the cynthia mcfadden and bill weir in new york city and terry moran in washington, this is "nightline," j jy 20th, 2011. >> good evening. well, it's not only hot, it's deadly hot. at least 22 people have died so far in the heat wave currently sweeping the country. and conditions will only get more dangerous in the coming days,, forecasters say. factors such as relative humidity of more than 0% and little or no wind are making temperatures that are already high feel downright unbearable. here's abc's john donvan with a snapshot of our sizzling states. >> reporter: it's all over the map this heat. 106 degrees in wichita. 98 in milwaukee. oklahoma city, 106. 99 in chicago. and while it seems to be going
. here's abc's chris bury. >> reporter: in minnesota state parks, the big holiday weekend is a big bust. campers looking forward to a getaway were told instead to get lost. >> well, it's ridiculous. >> it's sad. >> it should never get to that. >> reporter: the closed parks a casualty of the state's budget crisis. so many services arehut down. even industries like logging are grinding to a halt because those trees are on public property. in all, 25,000 state workers laid off.. at the capitol, now closed to the public, minnesota's democratic governor and republican leaders could not agree on fixing a $5 billion budget gap. >> i'm not getting an income now. i don't think any of them should think it necessary for them to have an income either until this is settled. >> reporter: minnesota is the first state to actually shut down much of its government. but many others from new jersey to california are also making painful cuts. at this state park near minneapolis, k ken johnson had planned to spend a week camping with her family. getting ejected left her fuming. >> i think the government need
>>> big news in washington this morning. one debt ceiling deal appears dead. will a critical meeting later today help save the american economy? new details about how the cia tracked down osama bin laden. the story of one analyst's dogged determination to get the leader. >>> rolling out the red carpet. the british royal company meets and greets some hollywood's biggest royalty. the scoop and buzz from their trip. >>> the 10 million mile man. you're going to meet the guy who just set a new record for the most flights on an airline ever. pretty cool stuff. good morning. i'm thomas roberts in for alex witt today. thanks for joining us. we get right to it. two big issues are making headlines this morning in washington. jobs and the debt ceiling talks. treasury secretary tim geithner appeared on "meet the press" with host david gregory. >> it's going to take a long time still. h is a very tough economy. i think for a lot of people it's going to feel very hard, harder than anything they've experienced in their lifetime now for some time to come. that is because that is the tragic e
.s. and around the world asking what one big. i'm harris falkner, this is the fox report. where will she resurface? after a verdict that sprung her from jail prompted this backlash. in minutes, the elaborate message to make casey anthony disappear from public view. plus, the terrifying home invasion at this u.s. congressman's house, that leaves him face-to-face with an armed intruder. and that's it, construction triggering carmageddon along the 405 in southern california finishing hours ahead of schedule, but way too late for this driver. the details behind this high speed chase that hit almost every other major l.a. highway. first, casey anthony, out there somewhere tonight, living her life. right now, no word of where or how. >> we hate you!. >> harris: protesters among those who gathered outside the orlando jail when the florida acquitted of murdering her two-year-old daughter caylee was set free. casey left jail this morning, her attorney, jose baez at her side. warrening a pink t-shirt, blue jeans and sneakers, said quietly thank you to a deputy sheriff and two armed with rifles. wi
. they do, however, believe she's no longer in central florida. when she left the jail, you saw the big crowds there. there were people yelling "killer" in that crowd as she got into the suv and left. there is a great deal of emotion still unresolved around this case. we saw a lot of people getting together who were doing something peaceful with those emotions over the weekend. they went to the site where caylee anthony's body was discovered and held a march from that site to the anthony home. all to remember the child whose death started all of this. it was a very solemn occasion. a lot of people walking in the street. at one point it was reported there were cars lined up on the road about a half mile long of people just parking on the roadside going into those woods where her body was discovered to go to that spot and remember that little girl. again, a great deal of emotion. people trying to process all of this on their own. but casey anthony at the moment is still staying out of the public eye even though she has a lot of legal entanglements she will still have to address in the mon
'll keep a close eye on baby jamichael, a big kid. that's it for me on "wake-up call." "american morning" begins right now. >> good morning to you. i'm kiran chetry. a lot going on. let's get you caught up. the end of the line for the "news of the world." the british tabloid shutting down after sunday's edition after new reports that the paper reportedly tried to hack the phones of 9/11 victims. >>> a deal to raise america's debt ceiling still out of reach. talks continue today with the president warning we have ten days left to get an agreement or risk default on this "american morning." >>> and good monday morning to you. start of another week here on "american morning." it is july 11th. nice to see you back. >> great to see you. >> the shuttle went off on the first try. >> i couldn't believe it. we were all thinking the weather was horrible but it went off. can't get the three of us together a whole lot. christine is off. >> summer vacation. >> no deal on raising the debt ceiling. last night talks at the white house fizzled out. president obama making it clear with 23 days to go befor
and we did receive a report of one fatality. >> pamela, christine here, how big is the area the researchers are searching and what are they dealing with in terms of conditions and weather there? >> the coast guard hasn't left yet. we're waiting for the sun to come up before we conduct a search. when we do, we will conduct a thorough and exhaustive search of the area, we cover hundreds of square miles of water and we'll be doing that as soon as the sun comes up. >> do we know any -- any sense of this vessel, you told us 100 foot fishing vessel, is its weather that caused it to capsize? >> yes, ali. we received a report that they had hit some rough weather on sunday morning and the boat had capsized and sank almost immediately. the vessel was close enough to shore where some people were actually able it to swim to shore and they had to notify authorities when they got on land. >> petty office ser pamela bailen, we'll check in with you later. >>> former serb commander ratko mladic kicked out of court this morning. the judge removing mladic from the chambers after multiple disru
it could be a big day for our whole entire country. >> and the news is whether we've got a deal or not. shortly after ten o'clock last night. harry reid said you know, i was going to have everybody show up in the mid feel the night and take a vote at 1 a.m. and he received word from the white house that apparently, the white house and this really hacks him off, you know, because it kind of bypasses him, and former speaker pelosi, dealing directly with mitch mcconnell, joe biden 6789 it sounds like they've got a deal, and close to a deal and some of of the frame work as well to talk about it. >> yeah, it looks like it's been going back and forth and take a look, it looks like debt ceiling increase, 1.2 trillion to 2.4 last night last through the night and living in my office, as high as 2.8 trillion dollars in debt ceiling increases, spending cuts have to be about the same amount commensurate. >> dollar for dollar. >> at least if not more. >> and guys, there's a little bit of wrangling whether or not that balanced budget amendment that john boehner needed so badly to get the house to vo
. the big mistaking that had people thinking they had gotten the bargain of the year. >>> but first, here are your options. resign or be fired. that is the ultimatum that was just given to nearly 200 educators tied to one of the largest school cheating scandals in u.s. history. it was just over a week ago, a state investigation revealed 178 teachers, including 38 principals, woulding at 44 schools cheated for students on standardized tests in atlanta. on monday, interim superintendent erroll davis replaced four superintendents and one principal in the atlanta public school scandal. now a letter has been sent to the 178 teachers, principals and administrators who were on the state investigative report as either confessing to or being implicated in the cheating. davis has ordered that educators resign by next wednesday or they will face termination. he says the culture inside the school district has to change. >> people failed children, they cheated. and we can't allow that to happen and we can't allow anyone who was involved with that to remain in our system. >> now, staff replacement may
. >>> it will be a big day in the casey anthony murder trial. closing arguments in that murder trial is just a few hours away. court is scheduled to start at 9:00 a.m. eastern time. casey anthony, as you know, accused of murdering her 2-year-old daughter caylee yesterday. there was a vigil for caylee near the spot where her body was found. the case expected to go to the jury after closing arguments. this all began in late may. casey anthony facing seven charges, including capital murder. that means she could face the death penalty if she's found guilty. the defense and prosecution both wrapped up their cases last week. casey anthony decided not to testify in her own defense. more on that throughout the morning. >>> also, a jailhouse phone call is raising more questions about the accuser in the dominique strauss-kahn sexual assault case. the former chief of the international monetary fund was released from house arrest on friday. mr. strauss-kahn is accused of sexually assaulting a hotel maid and last week prosecutors said the accuser's story raised credibility questions. cnn national correspondent susan
of the united states of america. and the craziest part -- >> the u.n. wants to spend a big chunk of that money on things that have nothing to do with climate change in third world countries. stuart varney is here to weigh in on this. so where does this come from? where does the money come from and where would they like to see it go? >> where do you want to start on this one? this shows you how totally out of wack the global warming community is with american public opinion. what the u.n. says is this -- we need $1.9 trillion each and every year for 40 years in order to solve the climate problem worldwide and to reduce poverty and hunger worldwide. so they're bringing in poverty and hunger along with climate change. >> it's not all green. it's poverty, hunger and everything else. >> but you cannot eradicate poverty and hunger without going green because if you don't go green, you increase poverty and hunger. you got it? >> so where is this money expected to come from and how much is coming from the united states? >> ok, we contribute 22% of the united nations budget so theoretically, if this
reform. it is quite a big undertaking considering there isn't a lot of time left but certainly some movement that we have seen since yesterday, guy. >> any specifics? i think important people who are listening to the process of what's happening in washington, what this means for people over a longer period of time is fewer services and smaller government and maybe higher taxes or higher cost of living your life as the services go away. i mean, all of these have amazing and long lasting ramifications for how we live our lives. my specifics? >> huge long -- no. honestly in terms of the specific, i mean, we can talk generally about where the cuts would come from, entitlements, defense spending, you can see how that would affect different people and the nation as a whole. specifics, no, i think we are going to be getting, obviously, more details on that to come. let's just take a look at some of the things that some of the folks who are coming here to the white house are going to demand because, remember, president obama is hosting eight members of congress, top two democrats and top tw
at a sleepover allie rasmus is live with more, including the soda that's becoming a big part of the investigation. >> reporter: we're live in santa rosa. this agency is investigating the 14-year-old's death. now, the four girls at the sleepover, including the victim, said they passed around a soda that taste strange. the sheriff's office determined there was an unknown substance to it. the teens were at a sleepover at a home and all four got sick during the night. they started throwing up after they drank the soda. at first, the parents thought it was food poisoning, but then on sunday, one of them would not wake up. they called paramedics. and they determined she died. the crime investigations unit are looking into the death. a cause of death for that 14- year-old girl has not been determined yet. we've put in requests with sherr 6 investigators to find out -- sherr 6 investigators to find out where they are with the -- with the investigation. back to you. >> thank you. >>> pleasant hill police say they have two men in custody who may have used clone debit cards to rob bay area atms. officers fo
. that's well to the north. so we have this big area of high pressure in place. that's acting like a heat pump. so looking at high temperatures today, in the 90s for denver. 96 degree. triple digits in phoenix as well as dallas. looks like the heat wave will remain with us for several days to come. so for the fourth of july, yeah, it's going to be hot and the firecrackers. 80s and low 90s across a good chunk of the nation. more of your forecast coming up. >>> and the weather is a major factor in the battle against the devastating wildfires in new mexico including the one threatening the los alamos nuclear lab. >> reporter: as firefighters try to keep the flames at bay with control burn, the runaway fire continues to consume trees and brush in the rugged mountains above the town of los alamos. the fire has now blackened more than 113,000 acres but it's moving away from town and the nuclear laboratory. good news according to the fire chief, but not enough. >> kind of between a rock and hard place, because we're trying to repopulate but we don't want to put people in danger. >> reporter: los
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
to an end. it's just a big project, a $1 billion project that wraps up hopefully if things go as scheduled monday morning. right now, what you're looking at are construction crews hard at work behind me. they're demolishing a portion of this bridge. when i say busy, this artery is busy, 500,000 cars pass through it each day. millions hit this freeway each week. it's a big deal. so far we've gotten a really interesting update i'll tell you about in a sec. i saw cnn take the pictures live a short time ago. hopefully you turned it around for us. it was pretty cool stuff. knocking off chunks and chunks of those cement blocks at the top there, really, really hard work, a big, big project to tackle. but it seems that things are ahead of schedule. they're tearing down just a portion of that bridge. the update we have, we checked in with los angeles police as well as california transportation officials, things look really well on the roadways, the surface streets. traffic across the city is still relatively like. they don't know what the rest of the day or the weekend will bring. but if things mov
to the men and women watching us on the armed forces network. a big thank you to you as well. >>> we're just hours before tonight's debt reduction talks at the white house. live pictures there this morning. the ambitious hopes for a large-scale deal have been dashed. the apparent sticking point? taxes, here is how house speaker, john boehner, sees it as democrat and republican leader prepare for tonight's showdown. quote, despite good-faith efforts to find common ground, the white house will not pursue debt reductions without tax hikes. i believe the best approach may be to focus on producing smaller cuts, that still meets our call for spending reforms and cuts greater than the amount of the debt limit increase. the white house talking about expectations at those talks. here's what spokesman dan fiver had to say about it. he said we cannot ask the middle class and seniors to bear all the burden of higher costs and budget cuts. we need a balanced approach, he says that asks the very wealthiest and special interests to pay their fair share as well and we believe the american people agree. cnn
. the scandal now spanning across the atlantic and claiming its first big victim on this "american morning." >>> and good morning. welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. >> susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. >> the question is, does this mean that the walls are crumbling at news corp. it's too early to say, bulls this is a crack in the wa
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
was try to create a new sense of urgency to see if there's a chance to put the big deal back together that he and speaker boehner were close to having this deal last week. but in many ways, this speech was almost oh post mortem, almost setting up the blame game for the fact that no big deal is going to happen. and no matter what happens here at the end of the day, the debt ceiling is going to go up. but nobody is going to be happy about the deal. i can tell you this, ann, i had a bunch of democrats that said to me, would have been a good speech to give two weeks ago. >> i know that he called for public activism, so much so that we hear the capitol hill websites were crashing last night because so many people were trying to e-mail their representatives. it looks like he spooked main street, jim? will he spook also wall street? >> no, not at all. wall street is calm. the markets are looking good today. we had a blip down in the indicators between 9:0 and about 9:20. they came right back. no one is buying the panic, the sky-rocketing interest rates scenario. >> that said, hedge funds are
. the president still wants a big plan that would cut the deficit by $4 trillion. twice what republicans proposed. but here's the standoff. while republicans like the idea of cutting hundreds of billions of dollars from medicaid, medicare, and social security, democrats don't. and then republicans refuse the prprident's plan to increase taxes, revenue, by cutting subsidies on oil and gas companies and closing tax loopholes for other businesses. >> to get a big package would require big tax increases. it's a terrible idea. it's a job killer. >> reporter: and of course these talks face the deadline.. august 2nd. when the government will no longer be able to borrow to pay all of its bills. >> no responsible leader would say the united states of america, for the first time in its history, should not pay its bills, meet its obligations. that would be catastrophicor the economy. >> reporter: once again, just the fact that nobody talked about what happened in this hour and a half meeting does not bode well that they made a lot of progress. >>> a plane crash has taken the lives of a florida couple and th
. >>> plus, a warning to parents. backyard trampolines are becoming very popular but they also come with big safety concerns. coming up, one family shares their cautionary story. >>> we're going to meet a newborn so big doctors have already given him a nickname, the moose. at more than 16 pounds, jamichael brown could be the largest baby ever born in texas. everything is bigger in texas. he's going to join us along with his proud parents. >>> let's begin this morning with our top story. the debt ceiling standoff in washington. kristen, good morning. >> good morning to you, ann. president obama met with congressional leaders on sunday to try to get a deal done. that didn't happen. in fact, one official with knowledge of the discussion tells me it was a bit tense. lawmakers are hoping to get a deal done within the next ten days so it can be processed by that august 2nd deadline. their ties were off but the heat was on as the president and congressional leaders met sunday for a second time in less than a week to try to salvage the deal to raise the debt limit. when a reporter asked if a deal co
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
Search Results 0 to 49 of about 173 (some duplicates have been removed)